I've got a 1080p 50" Panasonic plasma that looks incredible (and I've got it in a very bright room), has black levels that LCD probably can't touch, and cost me less than $1500. To back up what Ttowntony said I've had the set for 6 months under heavy use and haven't had problem one despite power outages, brownouts, etc., and this with the TV plugged directly into the wall. Plus I don't have to worry about burnt out bulbs. With all this, I can't imagine why I'd choose LCD at this point.
Best of luck.
Best of luck.